MongoDB, Inc. MDB
MongoDB is the developer data platform company whose mission is to empower developers to create, transform, and disrupt industries by unleashing the power of software and data. Our developer data platform is a globally distributed operational database integrated with a set of data services that allow development teams to address the growing variety of application requirements, all in a unified and consistent user experience.
The foundation of our platform is the world's leading, modern general purpose database. Built on our unique document-based architecture, our database is designed to handle unstructured data and meet the needs of organizations for performance, scalability, flexibility and reliability while maintaining the strengths of relational databases.Every software application requires a database to store, organize and process data. Large organizations can have tens of thousands of applications and associated databases. A database directly impacts an application's performance, scalability, flexibility and reliability. As a result, selecting a database is a highly strategic decision that directly affects developer productivity, application performance and organizational competitiveness.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.46B | $2.01B | $1.68B | $1.28B | $873.8M | $590.4M | $421.7M | $267.0M | $166.0M | $114.8M |
| Cost of revenue | $696.1M | $535.3M | $424.5M | $349.3M | $259.5M | $177.1M | $125.4M | $73.6M | $42.9M | $29.9M |
| Gross profit | $1.77B | $1.47B | $1.26B | $934.7M | $614.3M | $413.3M | $296.4M | $193.4M | $123.2M | $84.9M |
| R&D | $716.3M | $596.8M | $515.9M | $421.7M | $308.8M | $205.2M | $149.0M | $89.9M | $62.2M | $51.8M |
| SG&A | $244.0M | $219.2M | $193.6M | $160.5M | $122.9M | $92.3M | $71.3M | $53.1M | $36.8M | $27.1M |
| Total operating expenses | $1.90B | $1.69B | $1.49B | $1.28B | $903.7M | $622.6M | $444.2M | $291.2M | $208.1M | $154.3M |
| Operating income | -$137.0M | -$216.1M | -$233.7M | -$346.7M | -$289.4M | -$209.3M | -$147.9M | -$97.8M | -$84.9M | -$69.3M |
| Interest expense | $3.1M | $8.1M | $9.4M | $9.8M | $11.3M | $56.1M | $21.0M | $10.3M | $8.0K | $9.0K |
| Pre-tax income | -$55.7M | -$131.6M | -$163.5M | -$333.3M | -$302.9M | -$262.7M | -$176.2M | -$102.3M | -$82.7M | -$69.3M |
| Income tax | $15.5M | $2.5M | $13.1M | $12.1M | $4.0M | $4.3M | $656.0K | $3.3M | $1.3M | $719.0K |
| Net income | -$71.2M | -$129.1M | -$176.6M | -$345.4M | -$306.9M | -$266.9M | -$175.5M | -$99.0M | -$84.0M | -$70.1M |
| EPS, basic | -0.88 | -1.73 | -2.48 | -5.03 | -4.75 | -4.53 | — | — | — | — |
| EPS, diluted | -0.88 | -1.73 | -2.48 | -5.03 | -4.75 | -4.53 | -3.14 | -1.90 | -3.54 | -5.74 |
| Shares, diluted (wtd. avg.) | $81.2M | $74.6M | $71.2M | $68.6M | $64.6M | $59.0M | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.08B | $490.1M | $803.0M | $456.3M | $474.4M | $430.2M | $706.7M | $148.3M | $62.4M | $69.4M |
| Short-term investments | $1.30B | $1.85B | $1.21B | $1.38B | $1.35B | $528.0M | $280.3M | $318.1M | $217.1M | $47.2M |
| Receivables | $499.0M | $393.1M | $325.6M | $285.2M | $195.4M | $135.2M | $85.6M | $72.8M | $50.6M | $31.3M |
| Total current assets | $3.11B | $2.92B | $2.48B | $2.24B | $2.12B | $1.14B | $1.11B | $566.2M | $347.3M | $158.5M |
| Property, plant and equipment | — | $46.4M | $53.0M | $57.8M | $62.6M | $62.4M | $58.3M | $73.7M | $59.6M | $4.9M |
| Goodwill | $191.4M | $69.7M | $69.7M | $69.7M | $57.8M | $55.8M | $55.8M | $41.9M | $1.7M | $1.7M |
| Other intangibles | $34.5M | $24.6M | $4.0M | $11.4M | $20.6M | $26.3M | $34.8M | $15.9M | $1.6M | $2.5M |
| Total assets | $3.76B | $3.43B | $2.87B | $2.59B | $2.45B | $1.41B | $1.33B | $733.5M | $432.8M | $174.4M |
| Accounts payable | $20.3M | $10.5M | $9.9M | $8.3M | $5.2M | $4.1M | $2.8M | $2.2M | $2.3M | $2.8M |
| Total current liabilities | $669.5M | $562.0M | $564.2M | $588.5M | $526.7M | $354.5M | $242.4M | $164.6M | $112.5M | $97.8M |
| Long-term debt | — | — | — | — | — | — | — | $216.9M | — | — |
| Total liabilities | $806.5M | $648.1M | $1.80B | $1.85B | $1.78B | $1.41B | $1.25B | $468.9M | $185.2M | $115.7M |
| Retained earnings | -$1.91B | -$1.84B | -$1.71B | -$1.54B | -$1.19B | -$935.4M | -$668.2M | -$488.6M | -$389.6M | -$347.4M |
| Total equity | $2.95B | $2.78B | $1.07B | $739.5M | $666.7M | -$5.0M | $82.9M | $264.6M | $247.7M | -$244.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $505.1M | $150.2M | $121.5M | -$13.0M | $7.0M | -$42.7M | -$29.5M | -$42.0M | -$44.9M | -$38.1M |
| Depreciation and amortisation | $22.4M | $11.8M | $18.9M | $16.1M | $13.7M | $14.2M | $12.8M | $5.8M | $3.7M | $3.8M |
| Stock-based compensation | $550.5M | $493.9M | $456.9M | $381.5M | $251.1M | $149.3M | $75.8M | $37.4M | $21.2M | $21.0M |
| Capital expenditure | $5.0M | $29.6M | $6.1M | $7.2M | $8.1M | $11.8M | $3.6M | $6.8M | $2.1M | $1.7M |
| Investing cash flow | $538.8M | -$657.4M | $188.0M | -$33.3M | -$852.1M | -$262.7M | -$1.6M | -$160.3M | -$172.3M | $31.1M |
| Financing cash flow | -$462.4M | $202.1M | $38.2M | $30.2M | $890.9M | $27.6M | $589.2M | $288.2M | $209.9M | $43.1M |
| Buybacks | $400.3M | $0 | $0 | $0 | $0 | $11.0K | $43.0K | $327.0K | $242.0K | $48.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-036415.
Others in SIC 7372
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MSFT | MICROSOFT CORP | $3.71T | 27.8x | 17.8% |
| ORCL | ORACLE CORP | $457.36B | 27.2x | 17.3% |
| PLTR | Palantir Technologies Inc. | $418.36B | 276.7x | 56.2% |
| CRWD | CrowdStrike Holdings, Inc. | $218.20B | — | 21.7% |
| CRM | Salesforce, Inc. | $213.35B | 33.2x | 9.6% |
| SHOP | SHOPIFY INC. | $187.92B | 154.4x | 30.1% |
| NOW | ServiceNow, Inc. | $146.06B | 84.6x | 20.9% |
| SNOW | Snowflake Inc. | $118.96B | — | 29.2% |